LA property professionals converge on this one-day event to share ideas and develop new strategies to mitigate risks, reduce costs, raise quality and ultimately improve the financial performance throughout the property life cycle.
This year’s expo will feature an indepth analysis of the burgeoning multifamily construction pipeline in Los Angeles and the impact expected from the largest, most high-profile new deliveries by Stephen Basham, senior market analyst for CoStar Group.
- What does the apartment construction pipeline look like over the next few years?
- What submarkets are attracting the lion’s share of new construction?
- What’s happening with apartment rents? A look at what parts of the metro seeing outsized rent growth and the factors driving that growth.
CoStar’s Basham will also discuss the critical issue of apartment affordability and how many LA renters can actually afford the new apartments that are being built this cycle.
Plus, the presentation will include a close look at the national and local economy, with a particular focus on the major demographic factors impacting apartment demand such as household formation and the current nationwide trend of households choosing to rent over owning.
Steve Basham is a Senior Market Analyst for the CoStar Group, specializing in the Los Angeles market. He has authored more than 50 reports on Los Angeles commercial real estate, with an emphasis on targeted, granular analysis of submarkets and micro-markets. Mr. Basham also partners with CoStar’s Portfolio Strategy group to develop CRE forecasts at the national, metro, and submarket level. His work has been featured in regional and national media outlets including the L.A. Times, NPR’s Marketplace, and The Real Deal LA.
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